Abstract, Snapshot, Market Analysis & Market Definition: Track Lighting Market
Track lighting is a method of lighting where light fixtures are attached anywhere on a continuous track device which contains electrical conductors. This is as opposed to the routing of electrical wiring to individual light positions. Tracks can be mounted to ceilings or walls, lengthwise down beams, or crosswise across rafters or joists. They can also be hung with rods from especially high places like vaulted ceilings. The global average price of Track lighting is in the decreasing trend, from 31.4 USD/Unit in 2012 to 28.1 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years. The classification of Track lighting includes LED track light, Halogen track light and Incandescent Track Light, and the proportion of LED in 2016 is about 70.53%%, and the proportion is in increasing trend from 2012 to 2017. Track lighting is widely used in commercial and residential places. The most proportion of Track lighting is commercial places, and the share of I is 78.37%%. The trend of Commercial places is increasing. Asia Pacific is the largest consumption region of Track lighting, with a consumption market share nearly 40% in 2016. Europe is the second consumption region of Track lighting, enjoying market share nearly 23% in 2016. Market competition is very fragmentation. Philips Lighting, Acuity Brands, Hubbell, Eglo, ITAB , Eaton, Endo Lighting, WAC Lighting, Intense Lighting, AFX INC is the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. In 2019, the market size of Track Lighting is 1687.9 million US$ and it will reach 2836.9 million US$ in 2025, growing at a CAGR of 7.7% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Track Lighting. This report studies the global market size of Track Lighting, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Track Lighting production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Track Lighting Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Halogen Track Lighting
LED Track Lighting
Incandescent Track Lighting
Segmentation by Application : Breakdown of data from year 2014 to 2019 and forecast until 2025:
Residential
Commercial
Key Players, Recent Developments & Sector Viewpoints: Track Lighting Market
Philips Lighting
Acuity Brands
Hubbell
Eglo
ITAB
Eaton
Endo Lighting
WAC Lighting
Intense Lighting
AFX INC
Nora Lighting
AIXEN LITE
Jesco Lighting
Satco
LBL Lighting
Rayconn
Kehei Lighting
Key Insights Covered: Exhaustive Track Lighting Market
1. Market size (sales, revenue and growth rate) of Track Lighting industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Track Lighting industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Track Lighting industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Track Lighting industry.
Research Methodology: Track Lighting Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.